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RENDER Binance will add another US$1.5 million to RENDER spot supply. Can prices explode?
As the new week begins, the cryptocurrency market enters mid-September, which is close to the end of the third quarter of 2026. Although Bitcoin (BTC) and Ethereum (ETH) have recently experienced a week or so of sideways consolidation, market sentiment remains high. At the same time, altcoins show steady growth on the chart. In this context, Binance once again injected 1.5 million RENDER tokens worth US$2.1 million into the regular selling liquidity pool.
Market sentiment points to the peak of the "altcoin season"
Earlier this year, the "five-year supercycle" theory spread among the crypto community, making the market's expectations for the peak of the "altcoin season" this year become stronger. It is unclear which cyclical model will ultimately dominate the market, but with the recent rise in altcoin prices along with BTC and ETH, evidence of both traditional bull cycle and supercycle theories has received widespread attention.
Since August, Bitcoin and Ethereum have broken through multiple key resistance levels and regained a firm footing at higher prices, leading experts to declare that the bear market is over. Today, the market collectively waits for these pioneer assets to further pull up and establish higher support levels to confirm the official start of the bull market. In addition, the prices of several altcoins have risen significantly before, which also provides strong support for this bullish period.
RENDER shows strong upside potential
According to data analysis from CoinMarketCap, RENDER has increased by nearly 10% in the past 30 days, dropped by about 8% in the past seven days, and rose by more than 1.5% in the past 24 hours. As one of the high-profile altcoins, RENDER is expected to achieve significant growth in the upcoming bull market, and its performance has even attracted the attention of exchanges.
It can be seen from relevant developments that Binance, the world's largest private exchange, has just added US$2.1 million worth of RENDER tokens and a total of 1.5 million to the regular selling liquidity pool. A month ago, faced with a sharp drop in prices and oversupply, the exchange lifted more than 5 million RENDER worth $6.54 million into cold wallets for storage. After rebalancing, Binance gradually transferred smaller batches of tokens into sales wallets and sold them in batches, and the price rebounded slightly. As of now, all 5 million tokens have been purchased and sold.
Market analysts pointed out that RENDER has experienced similar macro bottoms before, in the same consolidation area, and price activity has stagnated. However, the last time RENDER successfully broke through this range, the increase was as high as 1,073%. Currently, RENDER prices are in the "second explosion zone" and are expected to expand even more, expected to exceed 1,561%. Based on this calculation, RENDER's target price may reach the US$17 to US$18 range.
